MCH Group AG announced a private placement to receive equity round of funding on April 13, 2022. The Government of the Canton of Basel-Stadt is asking the cantonal parliament to participate in the planned capital increase with an amount of up to CHF 34,000,000. Under this condition, Lupa Systems, LLC will also invest up to CHF 34,000,000 in the company.

The capital increase is to be carried out with subscription rights for all shareholders.